Quote:
Originally Posted by Slava
The Conservatives tell everyone willing to listen that they are the ones who will guide the economy through tough times, but earlier this past year they barely even kept us out of deficit. The Liberals on the other hand not only erased the budget deficit, but got the financial house in order in the first place through the 90's and early part of this decade.
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An arguement can be made that the difference between 'near deficit' this year and 'record surpluses' a couple of years ago is what's still left in your wallet after tax cutting. The conservative position has always been that money in your pocket and business' pocket is better in an economic sense than whatever new spending initiatives they could come up with. The worst thing for an ailing economy would be higher taxes even if it means higher surpluses. A balanced budget is great and should be mandatory, but running $15 billion dollar surpluses isn't a sign of good governance but rather of a regime that takes too much from its citizens.